(Source: Railway Age, January 25, 2023)
U.S. freight rail traffic in Week 3 (ending Jan. 21, 2023) dipped 2.1% from the prior-year period, the Association of American Railroads (AAR) reported Jan. 25. Traffic trailed the same period in 2019 by 14%, according to Susquehanna Financial Group (SFG) Analyst Bascome Majors. For the week ending Jan. 21, 2023, total U.S. weekly rail traffic came in at 467,485 carloads and intermodal units, comprising 236,940 containers and trailers (down 6.7% from the same week in 2022) and 230,545 carloads (up 3.3% from 2022), AAR reported. It is the third consecutive week that total traffic has declined.
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